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Two Tales of One City: The St. Joe Company

Erik Kobayashi-Solomon

October 16, 2018

It would be the best of times, it would be the worst of times… This line – paraphrased from Dicken’s classic tale of the French Revolution – summed up the opinions of two investing giants early in 2011 regarding the real estate developer, The St. Joe Company JOE. Bruce Berkowitz, the founder and portfolio manager …

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